Beldex, an Estonia based fin-tech company is all set to launch its exchange platform that is the gateway to a new age in the world of digital asset trading. Established in 2017, the company has built a strong relationship with the crypto-community and inspired them with its futuristic ideas of a crypto trading platform. The Beldex cryptocurrency trading platform is a hybrid, as it combines the best of both centralized and decentralized technology. Beldex is a halal cryptocurrency exchange that is compliant with the Shariah law.
Key Takeaways – Exchange
- The exchange platform facilitates crypto-to-crypto trading.
- It supports notable trading pairs such as BTC/ETH, ETH/ BDX, BTC/BDX. Other cryptocurrencies such as LTC, DASH, XMR, USDT, etc. will be added later.
- It offers a user-friendly API with augmented security and privacy.
- Beldex has a strong and prominent community across the world.
- The users will get up to 50% discounts and an exclusive Beldex wallet. Trading on the halal cryptocurrency exchange is set to commence by the end of Q4, 2019.
The Beldex Coin (BDX) is a privacy coin and a fork of the Monero blockchain. It has also incorporated key security protocols from ZCash and Dash.
Key Takeaways – Coin
- It’s a privacy-enabled minable master node coin.
- It runs on the CryptoNight algorithm.
- Improved RingCT model – ring size increased to 10 by default.
- It is resistant to ASIC and blockchain analysis.
The Beldex Community
Trust plays a vital role in the acceptance of any currency, whether fiat or cryptographic. A currency’s value is determined by its users. Beldex understands this and has built a strong trust with the crypto-communities in the Asia-Pacific region, specifically in countries such as Malaysia, Singapore, Philippines, Hong Kong, Indonesia, Cambodia, Thailand, Vietnam, India, and Mongolia. The halal cryptocurrency exchange has also gained a considerable user base in the Middle East and Africa by January 2019. Throughout the bear run for the better part of 2018 when Bitcoin’s value severely declined, BDX was able to maintain a steady pace with the support of its community.
Future plans and developments
The users can perform a plethora of transactions at the exchange where the Beldex coin will serve as the ecosystem token. Beldex is planning to add an IEO launchpad soon after the launch of the cryptocurrency exchange platform. It also has plans to widen the scope of the exchange to margin trading, lending and borrowing services.
What’s in it for you?
Users will get up to 50% off on the trading fee and perks such as ‘Airdrop’. They provide an attractive mining reward scheme where 90% of the mining rewards will go to the masternodes while 10% to the miners. The crypto trading platform employs high-end cybersecurity features. Users can perform untraceable, unlinkable, secure, and private transactions at a minimal fee. Beldex offers exceptional customer service as each and every concern is addressed in a timely manner.
The Gist of Beldex’s vision
Cryptocurrency users increase in number exponentially year after year but there is a lack of a cryptocurrency exchange that emphasizes privacy, security, ease of use and incorporates an extensive range of tradable cryptocurrencies all the while not inclining towards becoming a centralized entity. There is a widening gap between the need for an all-encompassing centralized exchange that remains decentralized at its core and the booming privacy coin users. The Beldex exchange aims to close this gap and serve a global market.
